0:30

Steve Cox

15:57 - 16:28

"Today's settlement, I really do think, changes that. It brings finality to a dispute that really has lasted, as the Attorney General said, really since 2003, while providing meaningful resources to help rebuild this critical piece of infrastructure."

Today's settlement, I really do think, changes that. It brings finality to a dispute that really has lasted, as the Attorney General said, really since 2003, while providing meaningful resources to help rebuild this critical piece of infrastructure.
Speaker
Steve Cox
Community
Alaska News
Captured at
July 7, 2026

From the transcript

Every year spent in costly litigation was another year spent not fully focusing on the future of this extraordinary asset. Today's settlement, I really do think, changes that. It brings finality to a dispute that really has lasted, as the Attorney General said, really since 2003, while providing meaningful resources to help rebuild this critical piece of infrastructure. And so we think of it as a win-win-win. Normally you look for a win-win.

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Anchorage won $191 million for the port that feeds Alaska

The Municipality of Anchorage and the U.S. Maritime Administration settled a 12-year lawsuit Tuesday, with the U.S. paying $180 million to the city. Combined with prior funds, the total reaches $191.3 million, the largest settlement in the municipality's history, with every dollar directed toward Port of Alaska construction costs.

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Cover image for article: Anchorage won $191 million for the port that feeds Alaska